Business Studies, asked by Weprashant119, 10 months ago

Consequences of non compliance of the provisions of companies act in matters of incorporation

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Answered by Anonymous
7

Explanation:

The bill now advocates for stricter laws for corporate social responsibility (CSR) spending by corporates. After the amendment, violation of the CSR rules could land company officials in jail for up to 3 years. Companies violating the rules will face a penalty of Rs 50,000 to Rs 25 lakh

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